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20121201
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Search Results 0 to 5 of about 6 (some duplicates have been removed)
the drain there is going to be physical, you think greece is bad wait until you see what happens here. that could very well happen in this country. am i wrong? >> not at all. it's not going to happen overnight. clearly at some point and we know when that point is 90%, 100% of ratio debt to g.d.p. we are already under obama divent to g.d.p. the ratio of debt to g.d.p. was 44%. it's now about 73%. that's in four years. that's astronomical. >> he sees the same stats that you see, that i see. he knows it. he knows what he is doing. yet, when you present this to the democratic party or even to the american people who by the way voted for this the american people voted for. this barack obama made no campaign promises that he would cut spending, none. he didn't say he would reign in government, none. yet the american people said you know what? that's okay with us. you keep spending, you keep getting it up there and we will take our chances. do you think most americans understand this? >> not at all. and i think it's pretty easy to win elections when you give away candy that you borrow from t
heading toward greece not thinking about spending. almost on class warfare disability. taken him kind of out of the argument and now he is coming back don't you think that is the problem. he is like ahab and the well and the well is the -- whale is the wealthy? >> raising taxes in punitive way on affluent people. having said that again, the people who are -- who would be hit with these tax increases are the people who create the jobs. and that impacts a lot of middle class americans. have you got a middle class americans employed by small businesses that would see their tax bills go up. that's going to be bad for the economy and bad for jobs. but, again, i think that the philosophically the president a lot of his allies up here in the congress have a very different view of the world and one which believes that the way that you improve our country and improve our society is to redescribility wealth. but the way that you improve this country and standard of living is is to grow the economy. that makes it better for everybody. that also solves a lot of these fiscal problems that the coun
Search Results 0 to 5 of about 6 (some duplicates have been removed)

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